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The Guardian - UK
The Guardian - UK
Business
Gwyn Topham Transport correspondent

Jet2 shares fall 15% as it warns of ‘difficult market’ and cuts winter seats

Jet2
A Jet2 passenger plane is seen on the apron of Manchester airport
Jet 2 said it would have to cut seat numbers from 5.8m to 5.6m over the winter season. Photograph: Phil Noble/Reuters

Travel operator Jet2 shares fell sharply on Thursday after it cut back its seats on sale for the winter, warning of a difficult market with customers booking holidays ever nearer the departure date.

Shares in the holiday group fell by 15% after it told investors its earnings for the year were now likely to be at the lower end of forecasts.

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